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20121006
20121014
Search Results 0 to 9 of about 10 (some duplicates have been removed)
then. jamie: well the vice-presidential candidates are hitting each other very hard on taxes. vice president biden claiming the republicans are insisting on new tax cuts for the wealthy. congressman ryan responding with a warning for the middle class. >> if you taxed every person and successful small business making over $200,000 over 100% it would only run the government for 98 days. if everybody who paid income taxes last year including successful small businesses doubled their income taxes last year we would still have a $300 billion deficit. you see there aren't enough rich people and small businesses to tax to pay for all their spending. and so the next time you hear them say, don't worry about it, we'll get a few wealthy people to pay their fair share, watch out middle class, the tax bill is coming to you. jamie: stuart varney, anchor of "varney & company" on the fox business network here to tell us what he thinks about that. hi, stu, good morning. >> well look, the central quote on the economic side of the debate which policy will grow the economy and cut the deficit. paul r
to be revenue neutral. in one sentence he said he would not lower taxes on the upper income americans and rather not raise taxes on upper income americans but he would lower the tax rate from 35, 40 to 35% or to 25%. how can both be true? you can't say i'm lowering tax without lowering tax. >> you're raising revenue by eliminating loopholes. >> he didn't say what loopholes he would cut. unless he is going to do that you don't have the math to do it. martha: see he said would take it to congress to decide how loopholes. >> he has not been specific at all. martha: okay. tucker what do you think about this strategy because clearly we're hearing it from everybody from robert gibbs on down the line. >> right. martha: that they are saying a different mitt romney showed up the other night. the president has joked about it. bill clinton been joking in las vegas. welcome back, mitt romney. who is this guy? this is clearly where they're going to go here. will it work? >> if you look at poll numbers i don't think the obama people are actually laughing about it. say that. all campaigns accuse one another of
neutral. in one sentence he said he would not lower taxes on the thot ees ome aricaan w lrex rate from 35, 40 to 35% or to 25%. how can both be true? you can't say i'm lowering tax without lowering t. >> yu're raingee edn at. lole w c unless he is going to do that you don't have the math to do it. martha: see he said would take it to congress to decide how loopholes. >> he has not been specific at all. martha: okay. cker what do you think abouhis strategy because omry fere hearing i gi o dhein different mitt romney showed up the other night. the president has joked about it. bill clinton been joking in las vegas. welcome back, mitt romney. who is this guy? this is clearly where they're going to go here. mbi t ko? ug a icly th all campaigns accuse one another of dishonesty, bending the truth that is pre conventional. what is different here, as you suggested this is strategy. this is the core obama argument agast romney. iad pon l. ire is personal attack. i'm not whining about that. i'm merely noting that it is not a very effective sttegy. it winds the base up. gets people already goingo vo
estate taxes, climate change, environmental regulations, energy policy are hurting farmers. he continues to go after the president on issue of jobs of the even though the unemployment number is down below the psych lodge call level at 8% on the stump in newport news, governor romney found a new way to use it. >> if you look back 60 years, at all the months we had unemployment before 8% before president obama. there were 39 months. in all 60 years with unemployment above 8%. under this president there have been 43 months. under one president alone. he does not understand what it takes to create a real recovery. i do. >> reporter: bill you mentioned the pew poll. the pew poll governor romney was seen as guy with new ideas. he was the one people trust to create jobs. bill: one of the lingering numbers in the debate governor romney's honesty to cut federal spending. >> taking on big bird. bill: how is the obama team, responding that, going after it? >> governor romney was trying to make a point cutting unnecessary spending said. i like pbs i like big bird. i even like you, jim lehrer, but i
taxes is at the heart of solyndra bankruptcy plan. >> they filed a document in federal court opposing a bankruptcy setting saying it would result in net operating officers that could be used to set offset income. they failed after getting that huge loan and filed for bankruptcy last year. the irs says the bankruptcy would result in the creation of a holding company with no employees and no business operations, but with up to $350 million in tax breaks that could be used by solyndra's investors. the irs says tax avoidance was the main purpose of this plan. one of the investors is hreupl linked to billion care george kaoeurzkaiser, a prominent democratic fund-raiser. they are pushing ahead with bound solar in colorado. it went out of business after getting a large loan guarantee from the defendant energy. the committee wants to know what the doe knew about problems with the solar panel making. in a letter to the energy secretary chew he says quote, two months before doe closed a $420 million loan guarantee they were experiencing efficiency and technological tkao*eufts. they ar difficult
of taxes and government spending are needed, bill. bill: what does president obama contend that he would do better if he's reelected? >> reporter: at the democratic national convention president obama said after a decade of decline the country created more than a half million manufacturing jobs in the past two and a half years, and he's promising to do more in a second term. >> we can help big fact there's and small businesses double their exports, and if we choose this path we can create a million new manufacturing jobs in the next four years. you can make that happen. you can choose that future. >> reporter: clearly manufacturing is a critical sector of the economy particularly across the midwest in battleground states, like ohio and many others, bill. bill: we'll watch that. thank you, mike emanuel live in washington. patti ann: we are now just minutes away from the start of governor mitt romney's remarks at the virginia military institute. his speech expected to cover a range of foreign policy topics. we'll take you there live as soon as it gets underway. i'm barack obama, and i approve
Search Results 0 to 9 of about 10 (some duplicates have been removed)